Plans to release a multilateral instrument to modify existing bilateral tax treaties and introduce an arbitration process for tax jurisdictions will be issued later this year by the OECD’s Base Erosion and Profit Shifting (BEPS) tax team, while 'sensitive' reform of permanent establishment rules is also set for consultation

The International Consortium of Investigative Journalists (ICIJ), which previously released the so-called ‘Panama Papers’ detailing offshore tax avoidance activity, has now published fresh information about offshore companies based in the Bahamas with the disclosure of 1.3m files

The European Commission’s ruling that Ireland gave Apple state aid through a tax deal is indicative of a wider harmonisation of EU-wide tax policy, with VAT as a key plank of any reform proposals, says Nicholas Hallam, managing director of Accordance 

Nearly a year after release of the OECD Base Erosion and Profit Shifting (BEPS) anti tax avoidance action plan, which introduces changes to the treatment of interest deductibility and profit shifting, the majority of businesses have not changed their approach to tax compliance

Over a third of businesses have not heard of the apprenticeship levy due to be introduced next year, finds research by the British Chambers of Commerce (BCC), which says there needs to be more government communication about the apprenticeship funding reforms

Law firm, Bird & Bird, has entered into a cooperation agreement with transfer pricing firm, Questro International, allowing the firms to serve multinational clients and offer corresponding European transfer pricing services

The European Commission’s ruling that Apple benefitted from Irish state aid over its preferential tax arrangements raises questions of sovereignty, says RSM head of transfer pricing Ken Almand

HMRC has confirmed that the lifetime ISA, announced in Budget 2016, will be available from April 2017 for people under the age of 40, to help young people save for the long-term, particularly when buying a first home

HMRC has updated its guidance on the circumstances affecting payment of statutory sick pay (SSP) to cover situations where an employee is taken into legal custody

The Yorkshire Building Society is calling on the government to consider fundamentally changing the operation of stamp duty in a bid to help first-time buyers

Dominic Chappell, the former owner of BHS at the time of the retailer’s collapse, is said to owe more than £500,000 to HMRC which has begun legal proceedings against him

The OECD is holding a webcast on 22 September to update tax professionals on plans for the multilateral instrument for tax treaties, a key element of the Base Erosion and Profit Shifting (BEPS) project